JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated callable contingent interest notes linked to the least performing of the S&P 500 Index, the Dow Jones Industrial Average and the VanEck Semiconductor ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.
Holders may receive monthly Contingent Interest Payments at a rate of at least 13.00% per annum if on each Review Date all three underlyings are at or above 70.00% of their Initial Values. If any underlying is below this barrier on a Review Date, no interest is paid for that period.
The notes are callable at the issuer’s option on specified Interest Payment Dates starting March 19, 2026. At maturity in November 2027, if the notes have not been redeemed early and each underlying finishes at or above its 70.00% Trigger Value, investors receive principal plus the final contingent coupon. If any underlying finishes below its Trigger Value, repayment is reduced one-for-one with the decline of the least performing underlying, and investors can lose a significant portion or all of their principal.
JPMorgan Chase Financial Company LLC plans to issue Uncapped Buffered Digital Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the Nasdaq-100 Index, fully guaranteed by JPMorgan Chase & Co. The notes mature on December 15, 2028 and are issued in $1,000 minimum denominations.
At maturity, if every index finishes at or above its initial level, investors receive $1,000 plus the greater of a contingent digital return of at least 35.00% or the actual return of the least performing index. If all index declines are within a 20.00% buffer, principal is returned. If any index falls by more than 20.00%, investors lose 1% of principal for each percentage point beyond the buffer, up to an 80.00% loss.
The notes pay no interest or dividends, are unsecured and not FDIC insured, and their value is subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An indicative estimated value is approximately $975.70 per $1,000 note, and the final estimated value at pricing will not be less than $900.00 per $1,000.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured structured notes linked to the MerQube US Tech+ Vol Advantage Index, due December 28, 2032, in $1,000 denominations. The notes can be automatically called as early as March 29, 2027 if the Index is at or above its initial level, paying back $1,000 plus a call premium based on a rate of at least 20%; at that rate, the first review could pay about $1,250.79 and the final review about $2,396.03 per $1,000.
If the notes are not called and the Index is at or above 60% of its initial level at final observation, investors receive only their principal back. If it finishes below 60%, repayment is reduced one-for-one with the Index loss, so more than 40% and up to all principal can be lost. The Index embeds a 6.0% per annum daily deduction and a notional financing cost on leveraged exposure to the QQQ Fund, which drags on returns and can magnify losses. The notes pay no interest or dividends, are not listed, and an indicative estimated value is about $919.80 per $1,000, with the final estimated value not less than $900.00, both below the issue price.
JPMorgan Chase Financial Company LLC is offering principal-at-risk Contingent Income Auto-Callable Securities linked to the worst performer of the Russell 2000, S&P 500 and Nikkei 225 indices. Each $1,000 security pays a contingent quarterly coupon of at least $31.50 (at least 3.15%) only if all three indices stay at or above 75% of their initial levels on every day of the relevant quarter. If on any determination date before maturity all three indices are at or above their initial levels, the notes are automatically redeemed at $1,000 plus any due coupon. At maturity on December 23, 2027, investors receive $1,000 (plus a final coupon if conditions are met) only if each index is at or above its downside threshold; otherwise the payoff is reduced 1‑for‑1 with the worst index and can fall to zero. The notes are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., with an estimated value of approximately $957.30 per $1,000 security, not less than $930.00, and will not be listed on any exchange.
JPMorgan Chase & Co. is offering callable fixed-rate notes due December 21, 2029. The notes pay interest annually at a fixed rate of 4.20% per annum, using a 30/360 day count, with interest payable each December 23 starting in 2026 and on the maturity date, if the notes have not been called.
Beginning December 23, 2027, and then on the 23rd day of March, June, September and December through September 23, 2029, JPMorgan may redeem the notes in whole at par plus accrued interest. The notes are unsecured obligations of JPMorgan Chase & Co., rank junior to creditors of its subsidiaries, are not bank deposits and are not insured by the FDIC or any government agency. The disclosure highlights that in a resolution scenario under U.S. bankruptcy or Title II of the Dodd-Frank Act, holders of these notes could face losses and recover only after priority and secured creditors.
JPMorgan Chase & Co. is offering $2,100,000 of callable fixed rate notes due December 12, 2033. These senior notes pay interest annually at a fixed rate of 4.55% per annum, using a 30/360 day count, with payments on December 12 of each year starting December 12, 2026, as long as the notes remain outstanding.
Beginning December 12, 2027, and on the 12th of March, June, September and December through September 12, 2033, JPMorgan may redeem the notes in whole at par plus accrued interest. If not called, investors receive principal plus accrued interest at maturity.
The notes are priced at $1,000 per $1,000 principal amount for most investors, with total price to the public of $2,099,190 and issuer proceeds of $2,081,150 after fees. They are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any government agency. The documents highlight resolution and bankruptcy risks, and investors are directed to detailed risk and tax discussions in the accompanying materials.
JPMorgan Chase Financial Company LLC is issuing $520,000 of Buffered Digital Notes linked to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a fixed 10.40% return at maturity on January 14, 2027 if the least performing index is at or above its initial level, or down by no more than the 15.00% buffer.
If any index falls by more than 15.00%, repayment is reduced on a one-for-one basis beyond the buffer, and investors can lose up to 85.00% of principal. The price to the public is $1,000 per note, with an estimated value of $981.00 per $1,000 at pricing, reflecting selling commissions and hedging costs. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and are not expected to be listed, which may limit liquidity.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Class A common stock of Pinterest, Inc. The notes pay a monthly Contingent Interest Payment of at least $13.1667 per $1,000 (a rate of at least 15.80% per annum) for any Interest Review Date on which Pinterest’s closing share price is at or above the Interest Barrier of $16.674, which is 60.00% of the Strike Value of $27.79 set on December 10, 2025.
The notes can be automatically called on specified quarterly dates starting June 10, 2026 if Pinterest’s share price is at or above the Strike Value, in which case investors receive $1,000 plus the applicable contingent interest and the notes terminate early. If the notes are not called and the final Pinterest price on December 11, 2028 is below the Trigger Value of $13.895 (50.00% of the Strike Value), investors lose 1% of principal for each 1% decline from the Strike Value and can lose all principal. The notes are unsecured, not listed, subject to JPMorgan credit risk and have an estimated value initially below the $1,000 price, with an example estimate of $957.10 per note and a minimum of $920.00.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Review Notes linked to the MerQube US Tech+ Vol Advantage Index, designed to provide an automatic early call at a premium if the index closes at or above a set call level on scheduled review dates.
The notes have a price to public of $1,000 per note, an expected maturity on January 13, 2033, and may be automatically called as early as April 14, 2027, paying back principal plus a call premium based on a rate of at least 20.00%. If the notes are not called and the final index level is below 60% of the initial level, investors lose principal in line with the index decline and can lose their entire investment. The index embeds a 6.0% per annum daily deduction and a notional financing cost, which both act as a drag on performance, and the estimated value of the notes is indicated at about $919.10 per $1,000 principal amount.
JPMorgan Chase & Co. is offering $9,600,000 of callable fixed rate notes due December 12, 2045. The notes pay fixed interest at 5.30% per annum, with interest paid yearly in arrears on December 12, beginning in 2026, using a 30/360 day count convention. At maturity, investors receive the principal plus any accrued and unpaid interest if the notes have not been redeemed earlier.
Starting December 12, 2028, and on June 12 and December 12 each year through June 12, 2045, JPMorgan may redeem all (but not part) of the notes at par plus accrued interest. The price to the public is $1,000 per note, with selling commissions of $27.375 per $1,000, resulting in $9,337,200 in proceeds to the issuer. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any other governmental agency, and in a resolution scenario investors rank behind creditors of JPMorgan’s subsidiaries.